Core Viewpoint - Xinxiang Chemical Fiber (000949.SZ) reported a decline in both revenue and net profit for Q1 2025, indicating challenges in the current market environment [1][3]. Financial Performance - The company's total revenue for Q1 2025 was 1.881 billion yuan, ranking 6th among disclosed peers, a decrease of 86.4685 million yuan or 4.40% year-on-year [1]. - The net profit attributable to shareholders was 27.6503 million yuan, ranking 8th among peers, down by 34.5811 million yuan or 55.57% compared to the same period last year [1]. - Operating cash flow showed a net outflow of 56.9016 million yuan, ranking 17th among peers, a decrease of 9.0932 million yuan year-on-year [1]. Key Ratios - The latest debt-to-asset ratio stood at 50.62%, ranking 15th among peers, an increase of 0.74 percentage points from the previous quarter but a decrease of 4.22 percentage points year-on-year [3]. - The gross profit margin was 8.45%, ranking 14th among peers, down by 2.60 percentage points from the previous quarter and 2.29 percentage points year-on-year [3]. - Return on equity (ROE) was 0.42%, ranking 16th among peers, a decrease of 0.71 percentage points year-on-year [3]. - The diluted earnings per share were 0.02 yuan, ranking 14th among peers, a decrease of 0.03 yuan or 61.78% year-on-year [3]. - The total asset turnover ratio was 0.14 times, ranking 12th among peers, down by 0.02 times year-on-year [3]. - The inventory turnover ratio was 0.91 times, ranking 17th among peers, a decrease of 0.53 times or 36.69% year-on-year [3]. Shareholder Structure - The number of shareholders was 73,500, with the top ten shareholders holding 734 million shares, accounting for 43.16% of the total share capital [3]. - The largest shareholder, Xinxiang Bailu Investment Group Co., Ltd., holds 26.02% of the shares, followed by Zhongyuan Asset Management Co., Ltd. with 11.46% [3].
新乡化纤(000949.SZ):2025年一季报净利润为2765.03万元、同比较去年同期下降55.57%